Shareholders Foundation, Inc.

An investigation on behalf of current long term investors in NYSE:HES shares over potential breaches of fiduciary duties continues and current NYSE:HES stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

San Diego, CA -- (SBWIRE) -- 08/05/2013 -- The investigation on behalf of investors, who purchased shares of Hess Corp. (NYSE:HES) in 2011 or earlier and currently hold any of those NYSE:HES shares, is ongoing concerning whether certain Hess directors and officers breached of fiduciary duties in connection with certain statements.

The investigation by a law firm focuses on whether certain Hess officers and directors breached their fiduciary duties and caused damage to the company and its shareholders by failing to implement adequate internal controls.

Shares of Hess Corp. (NYSE:HES) grew from $50.08 per share in July 2010 to as high as $86.74 per share in April 2011.

Since then NYSE:HES shares declined to as low as $41.00 per share in June 2012.